SINGAPORE (ICIS) – ICIS News Asia and the Middle East Top Stories for the week ended 28 October 2022:
Insights: China PP Export Outlook – 2, Opportunities and Challenges
China’s PP export market is still in its early stages, and the export trend is gradually forming, but there are opportunities and challenges.
Insights: MMA players who survive tough times.Outlook remains grim
Methyl Methacrylate (MMA) Players to Navigate Unprecedented Challenging Market Conditions in 2022 Amid Remnants of COVID-19, Russia-Ukraine War, High Energy Costs, Inflation and Recession Fears .
Asian EDC Demand Remains Weak While Deepwater Supply Increases
Asian spot demand for ethylene dichloride (EDC) is weighed down by weak downstream polyvinyl chloride (PVC) markets, while spot availability of intermediate chemicals could improve towards the end of the year .
Polyester in Northeast Asia expands losses due to lower raw material costs and sluggish demand
Northeast Asian polyester spot prices fell further due to lower raw material costs and overall weak demand for downstream textiles.
Insight: Asia C3 faces headwinds in Q4
The Asian propylene market faces headwinds heading into the fourth quarter. Demand is likely to remain weak through the end of the year due to low derivatives margins.
Asian EDC Demand Remains Weak While Deepwater Supply Increases
Asian spot demand for ethylene dichloride (EDC) is weighed down by weak downstream polyvinyl chloride (PVC) markets, while spot availability of intermediate chemicals could improve towards the end of the year .
Polyester in Northeast Asia expands losses due to lower raw material costs and sluggish demand
Northeast Asian polyester spot prices fell further due to lower raw material costs and overall weak demand for downstream textiles.